Common use of Release of Pledged Interests Clause in Contracts

Release of Pledged Interests. After all payments due under the Note and under this Pledge Agreement have been made and all covenants, agreements, obligations, terms and conditions under the Note and under this Pledge Agreement have been performed, satisfied or waived, Secured Party shall deliver to Debtor such instruments as may be necessary to cancel this Pledge Agreement and revest the Pledged Interests in Debtor free and clear of the lien hereof.

Appears in 8 contracts

Samples: Purchase Agreement (Weiss Jeffrey M), Security and Pledge Agreement (Weiss Jeffrey M), Security and Pledge Agreement (Weiss Zev)

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